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Oct 7, 2012
10/12
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all of us serving you. us bank on gasoline. i am probably going to the gas station about once a month. last time i was at a gas station was about...i would say... two months ago. i very rarely put gas in my chevy volt. i go to the gas station such a small amount that i forget how to put gas in my car. [ male announcer ] and it's not just these owners giving the volt high praise. volt received the j.d. power and associates appeal award two years in a row. ♪ >>> i've been warning you about the coming economic storm. that as positive job numbers and higher consumer confidence are convincing many of you that my storm, or at least talking about it, makes me full of hot air. but there is a storm coming if congress doesn't act soon. i'm talking about the fiscal cliff. that's more than $600 billion of budget cuts and tax hikes for next year mandated to start taking effect as early as january 1st. now, what can happen, you ask? let's bring in christine romans. she's the host of "your bottom line" to answer that very question. christin
all of us serving you. us bank on gasoline. i am probably going to the gas station about once a month. last time i was at a gas station was about...i would say... two months ago. i very rarely put gas in my chevy volt. i go to the gas station such a small amount that i forget how to put gas in my car. [ male announcer ] and it's not just these owners giving the volt high praise. volt received the j.d. power and associates appeal award two years in a row. ♪ >>> i've been warning you...
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i think all three of us -- there are four ever us. forget my math. all four of us agree on this haut. why is it that's not why mitt romney says he can create 12 million jobs over four years. he talks almost exclusively about lowering taxes to spur job growth. i have a suspicion you actually agree with him on that. >> i know you've been skeptical of that number. i think it's very achieve scrabble. as you noted with that chart that you were showing even though we have had 5 million new jobs over the last four years, do you realize we're still about 4 million jobs short of where we were in 2007. so we still have a lot of ground to be made up. in fact we should be growing the labor force and employment by about double the rate that we are. if we pick up the pace we should be at and keep that for four years i really do believe 12 million jobs is achievable. my goodness we did that in the 1980s under a republican president, ronald reagan and a democratic president bill clinton. >> and gdp was 4.8%. 4.5% in one case. 4.3%. i can find economists who will tel
i think all three of us -- there are four ever us. forget my math. all four of us agree on this haut. why is it that's not why mitt romney says he can create 12 million jobs over four years. he talks almost exclusively about lowering taxes to spur job growth. i have a suspicion you actually agree with him on that. >> i know you've been skeptical of that number. i think it's very achieve scrabble. as you noted with that chart that you were showing even though we have had 5 million new jobs...
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Oct 21, 2012
10/12
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CNN
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so, one, they're much more different from the rest of us as they used to be. and two, the kinds of policies that they might think are right may not be what suits the middle class today. and that is particularly important in the united states in the era of superpacs. we see a lot of people who feel, and we hear this directly from go governor romney is that their expertise qualifies them to make good decisions. we have to be really thoughtful,that and say, okay, just because you know what's really good for your business and for this slice of business whether that automatically translate into something good? >> it's called "plutocrats" the rise of the superrich and the fall of everyone else. >>> what happens when photo journalists get on a bus and trek all across the country? we're going to hear about that next. we have cancelled your old. great. thank you. in addition to us monitoring your accounts for unusual activity, you could also set up free account alerts. okay. [ female announcer ] at wells fargo we're working around the clock to help protect your money a
so, one, they're much more different from the rest of us as they used to be. and two, the kinds of policies that they might think are right may not be what suits the middle class today. and that is particularly important in the united states in the era of superpacs. we see a lot of people who feel, and we hear this directly from go governor romney is that their expertise qualifies them to make good decisions. we have to be really thoughtful,that and say, okay, just because you know what's...
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Oct 20, 2012
10/12
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the implication, of the natural gas is you can use that not just as a normal fuel but use it to produce electricity which will make the cost of electricity more stable and cheaper in the united states. which could lead to a resurgence of certain industries. >> the most important -- the natural gas piece, you're right, is very important. it lowers the costs of manufacturing. now when you're thinking about manufacturing, when you're thinking about putting up a plant and bringing workers in america, people think the big problem is the wages of the workers. no. the big thing they worry about is the cost of energy. >> right. >> if energy costs dramatically drop, we're producing gas at $2 for a cubic foot. in russia, they sell it to you at $19. so we're much cheaper. as a result, dow chemical and places like that are beginning real manufacturing operations in the united states. there's also an environmental benefit. natural gas emits half the co 2 emissions of coal. and almost everywhere natural gas are replacing coal. so it's sort of a win-win. though it is still growing. >> still a fossil f
the implication, of the natural gas is you can use that not just as a normal fuel but use it to produce electricity which will make the cost of electricity more stable and cheaper in the united states. which could lead to a resurgence of certain industries. >> the most important -- the natural gas piece, you're right, is very important. it lowers the costs of manufacturing. now when you're thinking about manufacturing, when you're thinking about putting up a plant and bringing workers in...
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Oct 27, 2012
10/12
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CNN
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tell us about who these undecideds are. in a tight race, a race that's this tight they could make the difference. it could be a get out the vote operation or some nuance in the campaign. is this typical and how tight is it? >> ali, let's even make it a little bit more complicated. there's a subset of the undecided voters, the uncommitted voters. there's probably about 1%, 2%, 3% of the nation that is undecided. folks that haven't made up their mind. there's probably about 4%, 5%, 6% of the uncommitted voters, these are folks who might be leaning towards obama, might be leaning towards romney, but haven't cemented it in. so what we're going to see over the next two weeks or next 12 days, is they are going to make an effort to try to lock up their base, get their vote out, but also try to get these uncommitted voters to come their way. so, we've heard a lot in their messages. it has all come down to the economy. the last presidential debate this past week was about foreign policy but dominated by the discussion of the economy
tell us about who these undecideds are. in a tight race, a race that's this tight they could make the difference. it could be a get out the vote operation or some nuance in the campaign. is this typical and how tight is it? >> ali, let's even make it a little bit more complicated. there's a subset of the undecided voters, the uncommitted voters. there's probably about 1%, 2%, 3% of the nation that is undecided. folks that haven't made up their mind. there's probably about 4%, 5%, 6% of...
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Oct 23, 2012
10/12
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CNBC
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eye 146
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stay with us. h us. ♪ atmix of energies.ve the world needs a broader that's why we're supplying natural gas to generate cleaner electricity... that has around 50% fewer co2 emissions than coal. and it's also why, with our partner in brazil, shell is producing ethanol - a biofuel made from renewable sugarcane. >>a minute, mom! let's broaden the world's energy mix. let's go. uh, i'm in a timeout because apparently riding the dog like it's a small horse is frowned upon in this establishment! luckily though, ya know, i conceal this bad boy underneath my blanket just so i can get on e-trade. check my investment portfolio, research stocks... wait, why are you taking... oh, i see...solitary. just a man and his thoughts. and a smartphone... with an e-trade app. ♪ nobody knows... [ male announcer ] e-trade. investing unleashed. >>> welcome back to our special coverage as we await the third and final presidential debate. it is cramer time. he says some of the topics are the key to this election. >> jim,
stay with us. h us. ♪ atmix of energies.ve the world needs a broader that's why we're supplying natural gas to generate cleaner electricity... that has around 50% fewer co2 emissions than coal. and it's also why, with our partner in brazil, shell is producing ethanol - a biofuel made from renewable sugarcane. >>a minute, mom! let's broaden the world's energy mix. let's go. uh, i'm in a timeout because apparently riding the dog like it's a small horse is frowned upon in this...
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Oct 23, 2012
10/12
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CNBC
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michael granoff is with us, the rest of our panel once again back with us. michael, good to see you. thanks for join us. >> thanks, maria. >> let's talk a bit about that. sequestration not going to happen. can the president avoid it? >> well, i think in this case, you may have one of those situations where all of the parties involved, republicans and democrats have a good reason to avoid sequestration, and therefore you probably have a higher chance of some agreement than you do on other budget-related issues. >> can i make a point? >> jared? >> interestingly, in terms of what hurts the economy the most, it actually is the automatic budget cuts, the sequestration relative to the tax increases because of two things. first of all, the tax increases imply changes in withholding tables. the second, the secretary does not have to implement those right away if he thinks this is going to be a deal. and secondly, the other tax increases don't happen until april 14. they happen kind of retroactively. if you look at impact on the gdp on the economy, it's the spending
michael granoff is with us, the rest of our panel once again back with us. michael, good to see you. thanks for join us. >> thanks, maria. >> let's talk a bit about that. sequestration not going to happen. can the president avoid it? >> well, i think in this case, you may have one of those situations where all of the parties involved, republicans and democrats have a good reason to avoid sequestration, and therefore you probably have a higher chance of some agreement than you...